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Economics

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explain:
1. the concept of demographic dividend (200 words);

2. the various mechanisms behind “demographic dividend” that lead to higher economic growth ( 200 words);

3. why demographic dividend may turn into demographic nightmare for countries like Bangladesh or India (150 words).


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Demographic Dividend
The demographic dividend is a concept mostly used in highly industrial countries. The
concept is divided into two; the first and the second demographic divided. The first type
stipulates that a significant proportion of a country's population working with low dependency
ratio contributes to economic growth of the country (Rajagopalan 35). In this account, more
economic resources are freed up from feeding a mainly depended population to investments in
economic development and prosperity of the population.
Studies show that for a country to fully adopt demographic dividend, a transition from a
primarily agrarian economy characterized by high fertility rates and low death rates to an
industrially dominated economy is require...


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